Heathrow Airport has completed an overhaul of its legal panel, with Freshfields Bruckhaus Deringer and Allen & Overy among those re-appointed to a reduced roster.
Heathrow has slimmed down its legal panel from nine to seven firms and restructured it from 11 sub-panels to a main general approved list. Pinsent Masons, Bryan Cave Leighton Paisner and Eversheds Sutherland were also awarded spots, alongside City outfit Towerhouse and Thames Valley firm Owen White. Continue reading “Seven firms land spots on Heathrow’s reduced legal roster”
As a long-term observer of the legal profession, I view the development of GCs with an oxymoronic mix of admiration and cynicism. Admiration because common claims about the dramatic improvements in the calibre and size of the talent pool in the in-house profession are that rarest of beasts: a received wisdom that turns out on inspection to be largely true. Cynicism because those strides are often mixed with unwillingness to tackle the ethical and practical implications that come with increased clout.
Neither does much commentary account for the complex, love-hate relationship between GCs and law firms or the powerful impact of the career incentives that in-house counsel face on the development of the legal industry. Continue reading “The GC outlook: more for more and more to come”
Being risk savvy and commercially aware is the equivalent of ‘leaning in’ for today’s in-house lawyer. Can one do this and retain the mantle of professionalism? Or rather, how can one do that? That is the central concern of our book, In-House Lawyers’ Ethics: Institutional Logics, Legal Risk and the Tournament of Influence. We interviewed dozens of in-house lawyers and surveyed 400, mainly from business but also from government and the third sector, to shed light on the ethical dimensions of in-house practice and risk management. Our central lessons? Organisations matter. Individual lawyers matter. Ideas about the in-house role and professionalism matter. Talking about professionalism and good decision making openly and frankly matters.
The usual academic analysis of in-house lawyers dwells on concerns that in-house counsel are business people first and lawyers a distant second, but we think other questions are more important and useful. In particular, we are interested in how in-house roles and practitioner mindsets about those roles influence their ethical inclination. When we work with in-house teams using the tools in our book, they are often astonished at the different views they and their colleagues have about what in-house lawyers should be like; how they draw on ideas of professionalism; and how to deal with ethical dilemmas. Gordon Gekko can be lurking in the most surprising of places. Continue reading “Under the influence – how pressure to climb the ladder can corrupt in-house counsel”
Interviewed for our in-house lawyer survey, some leading general counsel give their views on ethics, law firm engagement and technology
‘There’s no question that stakeholders and the population at large have higher expectations of ethical conduct by companies and that this is only going to increase. Some of that will manifest itself as greater regulation. In-house functions play a greater role in ethical matters. It’s not just advising on legal issues – in-house functions can play a leading role in ensuring companies continue to follow the ethical path.’
Richard Price, group general counsel, Anglo American Continue reading “The Last Word: The clients’ view”
Bryan Cave Leighton Paisner (BCLP) has continued its spate of innovation launches, combining parts of its transatlantic innovation teams to create an in-house consultancy, Cantilever.
Cantilever will aim to provide an operational and technology sounding board for clients, while also offering practical technology solutions across areas including contract, matter and litigation management. Continue reading “‘Not just a generic consultancy’: BCLP launches in-house innovation and technology arm”
NHS Shared Business Services (NHS SBS) has named 28 firms to act on its new shared business services panel, with Clyde & Co and Hogan Lovells among those winning a spot.
NHS SBS is a joint venture between French IT services company Sopra Steria and the Department of Health, offering back office services such as payroll, pensions and recruitment to the NHS. Its revamped roster is slated to save the public sector around £500,000 over the next four years, after ensuring what it called ‘value-for-money’ tariffs during the selection process. Continue reading “Clyde & Co and Hogan Lovells win spots on NHS business services panel”
Eversheds Sutherland has won the role of primary UK and Ireland adviser in Lucozade Ribena Suntory’s (LRS) inaugural legal panel review, with nine other firms also making the cut.
The review was a first for general counsel (GC) Mary Guest since joining the drinks giant from Magic Circle firm Linklaters in June 2017, and it is also the first since LRS was formed after Lucozade and Ribena were acquired by Suntory for £1.35bn in 2013. Eversheds will be top of the list for general matters, with the remaining nine firms offering more specialist advice. Continue reading “Adviser reviews: Lucozade Ribena Suntory completes first post-merger panel”
Travers Smith has made a rare lateral play with the hire of Sebastian Reger to its pensions sector group as KFC loses highly-regarded general counsel (GC) Sarah Nelson-Smith to WeWork.
Travers announced today (20 September) that Reger will be joining the firm from pensions boutique Sackers & Partners, where he had been a partner since 2015 in the finance and investment team. Reger started his career at Magic Circle firm Freshfields Bruckhaus Deringer. Continue reading “Travers makes pension play with Sackers hire as KFC GC Nelson-Smith decamps to WeWork”
Legal tech start-up Apperio is switching to growth mode after closing a $10m funding round that will enable it to double in size to 40 staff and expedite further expansion into the US market.
Apperio, founded in 2013 and formerly called Legal Tender, is a platform that provides companies with real-time transparency on legal fees while tracking matters. It can also be used to assess and monitor law firm performance: features which combine to both manage in-house budgets and help general counsel (GC) show value. Continue reading “‘Europe’s waking up to legal tech’: another hefty funding round as start-up Apperio raises $10m”
Retail’s high street struggles are keeping advisers in the sector busy, as multiple firms took roles on the £18.5bn takeover of Westfield Corporation and DLA Piper took the lead on the administration of discount retailer Poundworld.
A host of firms across the globe advised as French property company, Unibail-Rodamco, completed its acquisition of shopping centre operator Westfield last week, in a deal first announced late last year. The combined $72bn entity owns and operates 102 shopping centres in 13 countries, the majority of which are in Europe and the US. Continue reading “Deal watch: Westfield GC exits for something ‘very different’ as takeover completes while DLA lands Poundworld administration role”